Company Information

Get to know Jamkrindo Syariah Surabaya

PT Penjaminan Jamkrindo Syariah, also known as JamSyar, was established on September 19, 2014, as a spin-off from the Sharia Business Unit of Perum Jamkrindo. As a subsidiary of a state-owned enterprise, its primary mission is to support the national economy by providing Sharia-based guarantee products (Kafalah) for financing extended by financial institutions to MSMEs. The company facilitates access to capital for businesses by mitigating the credit risk for lenders, all while operating strictly under Islamic finance principles as supervised by the National Sharia Board (DSN-MUI) and the Indonesian Financial Services Authority (OJK).

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Jamkrindo Syariah Surabaya

Indonesia

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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2017

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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